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Jun 30, 2020
Northfield Bancorp Q2 2020 Earnings Report
Reported diluted earnings per common share of $0.23 for the quarter ended June 30, 2020.
Key Takeaways
Northfield Bancorp reported a net income of $10.8 million, or $0.23 per diluted share, for the second quarter of 2020, compared to a net income of $8.2 million, or $0.17 per diluted share, for the second quarter of 2019. The results reflect an increase in net interest income and non-interest income, partially offset by an increase in income tax expense.
Diluted earnings per share of $0.23 for the second quarter of 2020, compared to $0.17 for the second quarter of 2019.
Completed acquisition of VSB Bancorp, Inc. on July 1, 2020
Loans increased $80.2 million, or 9.0% annualized, as compared to March 31, 2020
Net interest income increased $297,000, or 1.0%, over the trailing quarter, and $3.1 million, or 11.3%, compared to the prior year quarter
Forward Guidance
This release may contain certain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995
Historical Earnings Impact
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Avg. Return Before/After Earnings
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